Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

In which of the following contract types is it easier to change the scope of the contract?

A. firm fixed price

B. None of the other alternatives apply

C. fixed price plus incentive fee

D. letter contract

E. cost plus percentage of cost

user-image
Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2016/07/08
VINAY KUMAR GOSWAMI
by VINAY KUMAR GOSWAMI , Partner , 2MI

The process of change will be same in all contracts. However if you wish to increase the scope, response will be

Option - E (Vendor will easily agree to change the scope as he can make more economic gains)

However, it would be better to cancel the contract and sign another contract if there is decrease in scope.

Ksenija Kancelak
by Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

My opinion is that the right answer is:

E. cost plus percentage of cos

 

Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

Option-E  is appropriate choice.

Usman Islam
by Usman Islam , Logistics And Warehouse Manager , Kirtanlal Scaffolding & Formwork

Option E is the right choice .

Deleted user
by Deleted user

Thanks for invitation -

With the choice 5- E .

mamoun mokhtar
by mamoun mokhtar , general manager , albyan technical foungary

it is easy to change contract scope if it is beneficial to the contractor (flexible contracts )

sardar mardookhy
by sardar mardookhy , Head of portfolio management department , MCI

E. cost plus percentage of cost is teh answer....

Thanks